System Software Associates (SSA) has announced record results for its first quarter, ended 31 January 1998. The results include a return to first-quarter operating profit.Revenues for 1Q were a record $99 million. This represents the fifth consecutive corresponding quarter of record revenue results for the company.Operating income for the first fiscal quarter, prior to special charges, improved to $1,4 million, as compared to an operating loss of $4,6 million for the first fiscal quarter of the prior year.Geographically, revenue growth was strong in North America. International results were impacted by exchange rate changes during the quarter and weaker than expected sales in Europe.During the quarter SSA won 35 new accounts, all manufacturing firms, covering every geography and every target industry sector. Over 1 200 major industrial sector firms have implemented or are implementing SSA`s BPCS Client/Server Version 6.0 product line in over 5 000 sites around the world. By quarter-end, over 160 companies had gone live with Version 6 for managing their enterprise-wide operations. Almost all of these firms went live in less than a year, with many inside six months.
Share
